NewzOn Wednesday, October 21, South Korea's bourse operator activated a buy-side sidecar for the KOSPI index following a sharp rebound and rise in the market.
The emergency market-stabilization mechanism, known as a sidecar, is designed to curb program trading when stock prices experience sudden and significant volatility.
No further details regarding the exact percentage increase of the rebound or the duration of the sidecar activation were provided in the available reports.
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